Monthly Archives: August 2013

Property rental – What expenses can be deducted from income?

If you rent out one or more rooms in your home, or if you own a rental property, there are many expenses that can be deducted in calculating your net rental income. These expenses include mortgage interest (but not principal), … Continue reading

Posted in CCA, Property Rental, UCC | Leave a comment

Back to School…Investment Opportunity

Back to School…Investment Opportunity If you have kids that have just recently left home to either start or go back to university then here is an opportunity for you. All over Canada there are students and their parents everywhere that … Continue reading

Posted in Interest Rates, Mortgage Rates, Mortgages | Leave a comment

Car Loan AFTER the Mortgage…not before

If you are thinking about buying a new car…and also thinking about purchasing a home…you want to get approved for the mortgage first. The car loan is much easier to qualify for than the mortgage. Often…you will shop different dealerships … Continue reading

Posted in Car Loans, Mortgages | Leave a comment

Bond Yields and Fixed Mortgage Rates

BOND YIELD WARNING !!! What does that even mean ??? Does is matter ??? Let me explain the factors that affect: Fixed Mortgage Rates The main factor affecting fixed mortgage rates is Government of Canada bond yields. Fixed mortgage rates … Continue reading

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Canadian Mortgage Rates On The Rise

Canadian banks have been raising mortgages rates recently. Those looking for a new mortgage or renewing an existing one have to decide if now is the time to capitalize on rates and lock in – or to wait and see … Continue reading

Posted in Canada, Interest Rates, Mortgage Rates, Ottawa | Leave a comment